Recording: Hagley History Hangout - New Episode Available: Samuel Milner

Carol Ressler Lockman's picture

Concentrated market power and the weakened sway of corporate stakeholders over management have emerged as leading concerns of American political economy. In his book, Robbing Peter to Pay Paul: Power, Profits, and Productivity in Modern America, Samuel Milner provides a historical context for contemporary efforts to resolve these anxieties by examining the contest to control the distribution of corporate income during the mid‑twentieth century. During this “Golden Age of American Capitalism,” apprehension about the debilitating consequences of industrial concentration fueled efforts to ensure that management would share the fruits of progress with workers, consumers, and society as a whole. Focusing on wage and price determination in steel, automobiles, and electrical equipment, Milner reveals how the management of concentrated industries understood its ability to distribute income to its stakeholders as well as why economists, courts, and public policymakers struggled to curtail the exercise of that market power at its source. M

Samuel Milner earned his Ph.D. in American economic history from Yale University and currently is enrolled in the University of Chicago law school. 

The audio only version of this program is available on our podcast.

 

The audio-only version of this program is available on our podcast.   Interview available at  https://www.hagley.org/research/history-hangout-samuel-milner

 

Recorded on Zoom and available anywhere once they are released, our History Hangouts include interviews with authors of books and other researchers who have use of our collections, and members of Hagley staff with their special knowledge of what we have in our stacks. We began the History Hangouts earlier this summer and now are releasing programs every two weeks on alternate Mondays. Our series is part of the Hagley from Home initiative by the Hagley Museum and Library. The schedule for upcoming episodes, as well as those already released, is available at  https://www.hagley.org/hagley-history-hangout

                                                                                                  

Roger Horowitz

Executive Director

Hagley Center

 

Carol Ressler Lockman

Manager

Hagley Center